Month End Portfolio Info

F&C Smaller Companies PLC
16 August 2002

F&C SMALLER COMPANIES PLC

ALL DATA AS AT 31st July 2002

THIS DATA WILL BE AVAILABLE ON THE F&C MANAGEMENT WEB-SITE, www.fandc.co.uk FROM
APPROXIMATELY 18th August 2002

GEOGRAPHICAL ASSET ALLOCATION                                        %
UK                                                                  40
USA                                                                 22
EUROPE                                                              12
CASH & FIXED INTEREST                                               10
JAPAN                                                                9
FAR EAST                                                             7
                                                                  ----
Total                                                              100
                                                                  ====
TOP 10 HOLDINGS                                                      %
Cairn Energy                                                      1.32
CLS Holdings                                                      1.30
Harte-Hanks                                                       1.14
Cousins Properties                                                0.98
BSS Group                                                         0.95
Graphite Enterprise                                               0.89
T&S Stores                                                        0.88
Crest Nicholson                                                   0.87
Iron Mountain                                                     0.86
SCP Pool                                                          0.81
                                                                  ----
Total                                                             10.0
                                                                  ====
EFFECTIVE GEARING                                                   3%




                      This information is provided by RNS
            The company news service from the London Stock Exchange